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gemmatetlow.bsky.social
Chief Economist, Institute for Government Formerly Economics Correspondent at the Financial Times and Programme Director at the Institute for Fiscal Studies
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This is Truss-level stuff. The OBR does not incorporate the "lower skills profile" of migrant workers or the "displacement of British workers" precisely because they *are* paying attention to what the data and evidence say (unlike, it seems HO/No.10) archive.ph/qZfz3

Work with us! We are seeking a new Learning and Development Officer to join our @ifgacademy.bsky.social team. Applications will close on Sunday 11 May🚨 Find out more about the role 👇 www.instituteforgovernment.org.uk/about-us/car...

NEW REPORT: How does patient satisfaction with general practice vary in England? And what do patients value in their practice? We find that patients prefer: - More GP partners - More GP appts - More F2F appts - Smaller list sizes Other findings👇 www.instituteforgovernment.org.uk/publication/...

Really interesting opportunity for anyone interested in influencing tax policymaking, working with excellent CenTax team @arunadvani.bsky.social @andy-summers.bsky.social If you have skills/experience in policy-orientated analysis and engagement, do apply centax.org.uk/job-vacancy-...

Produced by the excellent @nathanjgower.bsky.social And featuring @katie0martin.ft.com @tobyn.bsky.social @elerianm.bsky.social @julianhjessop.bsky.social @gemmatetlow.bsky.social & Rupert ‘not on BlueSky’ Harrison.

In the second of @instituteforgov.bsky.social series marking 20 years since the creation of HMRC, former chair @edwardtroup.bsky.social looks at how it changed tax policy making eur01.safelinks.protection.outlook.com?url=http%3A%...

Interested in making government more effective? Applications for our 2025–26 research internship programme, starting in September 2025, are now open. Closing date: Tuesday 29 April, 11:00 ⏰ Find out more: www.instituteforgovernment.org.uk/about-us/car...

🎙️NEW: Will Trump rip up Reeves’s rebalanced books? Fascinating @instituteforgov.bsky.social spring statement podcast with guest Stewart Wood and @jillongovt.bsky.social @gemmatetlow.bsky.social @alexgathomas.bsky.social @sophiemetcalfe.bsky.social www.instituteforgovernment.org.uk/podcast/insi...

PODCAST 🎙️ Will Trump rip up Reeves’s rebalanced books? @stewartwood.bsky.social joins @alexgathomas.bsky.social @jillongovt.bsky.social @gemmatetlow.bsky.social to assess the state of the economy – and Rachel Reeves’s attempts to turn it around 👇 www.instituteforgovernment.org.uk/podcast/insi...

#WeekendWatching 📺 At Friday's webinar, we heard from IFG's @gemmatetlow.bsky.social , Blonde Money's Helen Thomas, and our @econstevem.bsky.social and @adrianpabst.bsky.social about fixing the UK fiscal framework 💬 Missed it? You can watch the full recording here 👇

Here is our @instituteforgov.bsky.social take on the Spring Statement, covering key questions we were looking out for on how the economic forecast would move and how Reeves would respond Some key takeaways 1/5 www.instituteforgovernment.org.uk/comment/rach...

Here’s what we @instituteforgov.bsky.social made of the spring statement www.instituteforgovernment.org.uk/comment/rach...

If Reeves had done nothing today, she'd have been on course to miss her fiscal target by only just under £1bn - a trivial miss in the context of the UK's public finances. She responded (about half through the disability benefit changes) by restoring *exactly* the same £9.9bn headroom she had in Oct

OBR forecast revisions knocked a hole in Rachel Reeves' fiscal plans. She responded by announcing measures to restore *exactly* the same margin against her rules as she had in October - still very small given average size of forecast revisions

Real household disposable income per person (the measure Reeves said she would boost in the Plan for Change) is looking better, despite welfare cuts. Partly due to stronger real wage growth...

OBR thinks real growth will be weaker this year but then bounce back more strongly so no permanent hit to the size of the real economy - but growth will be less tax rich than expected, and higher gilt rates, so bad news for public finances

From what Reeves has said, sounds like OBR has judged that weaker growth this year is purely a temporary problem, with growth rebounding more strongly over the next four years and little/no hit to size of the economy by 2029.

Reeves announces OBR has scored positive supply side impact from planning reforms. OBR were previously reluctant to do this without being convinced changes would actually be legislated and implemented as promised. Suggests they are now convinced planning reforms will make a difference in practice.

The government's borrowing rule (the ‘stability rule’) is being met by £9.9 billion in 2029/30, the *exact* same amount as last October. Nothing special about that number. Implies that policy is being fine-tuned in pursuit of an arbitrary number for ‘fiscal headroom’. Chasing the model.

Additional capital spending (mainly to meet the defence commitment) shows the effect of a new set of fiscal rules that distinguish between day-to-day and investment spend. If the old debt rule was still binding, capital would have been an easy candidate for cuts

Rachel Reeves says in #SpringStatement day-to-day public service spending envelope after 2026 will be shaved down from 1.3%/year to 1.2%/year - implies bigger cuts for unprotected departments' budgets than expected in October 2024 Budget

Rachel Reeves seems to have cobbled together just enough new announcements to restore her wafer-thin headroom against her fiscal rules, but another normal forecast revision in the coming months could easily throw her off course again

For top analysis of Rachel Reeves’ spring statement, be sure to follow: @gemmatetlow.bsky.social @tompope.bsky.social @stuarthoddinott.bsky.social @njdavies.bsky.social @drbenpaxton.bsky.social @danhaile.bsky.social @instituteforgov.bsky.social www.instituteforgovernment.org.uk/comment/rach...

Essential pre-Spring Statement reading. Brilliant @instituteforgov.bsky.social analysis of the questions facing Rachel Reeves By @gemmatetlow.bsky.social @tompope.bsky.social @stuarthoddinott.bsky.social @njdavies.bsky.social

Next week, the OBR will update its forecasts and we will hear from Rachel Reeves. What will the numbers look like? How much of a 'fiscal event' will it be? Here's what we will be looking out for... www.instituteforgovernment.org.uk/comment/rach...

Big piece on how the UK is not getting the data it needs and how this is affecting policymaking. A key issue seems to be that the shift from surveys to admin data has not worked well as govt departments have not allowed the ONS access to the data it needs on.ft.com/3WSCN6h

We're days away from Rachel Reeves' spring statement... so a great time to welcome @darrenpjones.bsky.social onto our @instituteforgov.bsky.social podcast 👇

This was a fun discussion on all things rewiring, performance management, rubber levers, headcount, the language of CS reform, working from home, and - of course - morale and the people survey. Thank you to @alaintolhurst.bsky.social @suzannahb.bsky.social and Max Blain for getting into it all.

Jones is right that financial and performance reporting is currently a bureaucratic mess. The plans to streamline the process are welcome and will enable better decision making. But whether that leads to better public service performance v. much depends on ministers then making the right decisions

If you want to listen to a podcast that really explores how government works - and how it could work better - then there's none better than Inside Briefing. Expert analysis every week from brilliant @instituteforgov.bsky.social colleagues. And this week we were joined by the prime minister...

What did the prime minister reveal about his plan for how government should work? Here's 5 things we learned from Keir Starmer's speech on reforming the state 👇 www.instituteforgovernment.org.uk/comment/five...

📣New report from me & @brionya.bsky.social MCAs’ decision-making is often limited by unanimous voting rules Effective decision making for key strategic plans requires a shift to simple majority voting alongside greater capacity and accountability www.instituteforgovernment.org.uk/publication/...

Work with us! We are looking for a Researcher to join our devolution team. You will have the opportunity to engage with senior policymakers and experts from all parts of the UK. 📅 Applications close on Monday 31 March, 14:00. Find out more 👇 www.instituteforgovernment.org.uk/about-us/car...

A very big week for @instituteforgov.bsky.social and our Inside Briefing pod. We’re recording in Hull now and our instalment featuring the PM will land in your podcast feeds tonight.